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2023-11-05T09:55:20Z

Why is Benefits Administration important for companies?

Ariel Lindenfeld - PeerSpot reviewer
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Find out what your peers are saying about Workday, Oracle, SAP and others in Benefits Administration. Updated: October 2024.
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Benefits Administration
What is benefits administration software? Benefits administration refers to the umbrella of establishing, managing and updating benefits for the employees of an organization. Benefits Administration solutions are the responsibility of a Human Resources (HR) Department, itself usually overseen by Operations and closely maintained by IT. Corporations depend on Benefits Administration to oversee payroll, medical and other insurance choices, HIPAA, IRAs, 401ks, extra-curricular benefits,...
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